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HDFC Sky Vs Sharekhan Vs TradeSmart: Which one is better?

The brokerage of HDFC Sky ranges between Rs 20, the brokerage of Sharekhan ranges between 0.1 to 0.5%, while the brokerage of TradeSmart ranges between Rs 15. The broker HDFC Sky and TradeSmart are discount brokers where Sharekhan is a full service broker. Overall rating for HDFC Sky is 4, Sharekhan is rated 4, TradeSmart is rated 4 out of 5.

Here we present side-by-side comparison of HDFC Sky vs Sharekhan vs TradeSmart stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared HDFC Sky vs Sharekhan vs TradeSmart on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better HDFC Sky vs Sharekhan vs TradeSmart in this setion with 360 degree view of broker information.

Compare 2 Brokers

Compare HDFC Sky vs Sharekhan vs TradeSmart on Service

  HDFC Sky Compare
HDFC Sky		 Sharekhan Compare
Sharekhan		 TradeSmart Compare
TradeSmart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Discount Broker
Exchanges Supported NSE, BSE, MCX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview HDFC Sky is the only bank-based discount stock broker in India. Free demat and trading account opening, Rs 20/order maximum brokerage charges across all segments, simple yet elegant user interface enabled HDFC Sky mobile app, and free research & advi... Know more about HDFC Sky Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation...Know more about Sharekhan Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support.
Broker Enquiry Request call back from Sharekhan Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare HDFC Sky vs Sharekhan vs TradeSmart on Trading & Demat Account Opening Charges

In this section we have compared HDFC Sky vs Sharekhan vs TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Sky and Sharekhan offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - HDFC Sky charges Rs 240 PA (Free for 1st year) as AMC for Demat account, Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account, where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky vs Sharekhan vs TradeSmart
Charges HDFC Sky Sharekhan TradeSmart
Trading Account Opening Fees Free Free Rs 200
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Rs 200
Demat AMC Rs 240 PA (Free for 1st year) Rs 400 PA (Free for 1st year)) Rs 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare HDFC Sky vs Sharekhan vs TradeSmart on Plan Options

Plans are the most important feature you look when compare HDFC Sky vs Sharekhan vs TradeSmart. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Sharekhan and TradeSmart offers Multiple Plans where HDFC Sky doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare HDFC Sky vs Sharekhan vs TradeSmart on Plan Options
Plan Types HDFC Sky Sharekhan TradeSmart
Multiple Plans No Yes Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening

  Sharekhan Zerodha Zerodha
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Brokerage Charges

Compare HDFC Sky vs Sharekhan vs TradeSmarton Brokerage Charges

HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Brokerage Charges - Compare HDFC Sky vs Sharekhan vs TradeSmart
Brokerage Charges Compare HDFC Sky Sharekhan TradeSmart
Plan Name Fixed pricing model Sharkehan Brokerage Plan Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery 0.1% or Rs 20 whichever is lower 0.30% Flat Fee Rs 15
Equity Intraday 0.1% or Rs 20 whichever is lower 0.02% Flat Fee Rs 15
Equity Futures 0.1% or Rs 20 whichever is lower 0.02% Flat Fee Rs 15
Equity Options Flat Fee Rs 20 Rs 20 per lot Flat Fee Rs 15
Currency Futures 0.1% or Rs 20 whichever is lower 0.02% Flat Fee Rs 15
Currency Options Flat Fee Rs 20 Rs 5 per lot Flat Fee Rs 15
Commodity Trading Flat Fee Rs 20 Rs 20 per lot Flat Fee Rs 15
Minimum Brokerage Rs 20
Hidden Charges No No
Call & Trade Charges Rs 20 per call Free Rs 20 per executed Order
Auto Square off Charges 0.1% or Rs 20 whichever is lower Free Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for Sharekhan Brokerage Calculator for TradeSmart
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Share Broker's Transaction Charges

Compare HDFC Sky vs Sharekhan vs TradeSmart on Transaction Charges

Compare HDFC Sky vs Sharekhan vs TradeSmart on transaction charges and PCM fee by segment.

Transaction Charges - Compare HDFC Sky vs Sharekhan vs TradeSmart
Transaction Charges Compare HDFC Sky Sharekhan TradeSmart
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for sharekhan Complete Brokerage Plans for trade-smart-online
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Account Features

Compare HDFC Sky vs Sharekhan vs TradeSmart on Account Features

Compare HDFC Sky vs Sharekhan vs TradeSmart on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky offers 3-in-1 Account where Sharekhan and TradeSmart offers only 2-in-1 account which includes trading and demat account. Margin Funding - HDFC Sky and Sharekhan offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - HDFC Sky and Sharekhan offers NRI Trading where TradeSmart doesn't offers NRI Trading.

Account Features - HDFC Sky vs Sharekhan vs TradeSmart
Account Features Compare HDFC Sky Sharekhan TradeSmart
3 in 1 Account Yes, HDFC Sky have 3-in-1 accounts. Bank Account, Demat and Trading account. No HDFC Sky have 2-in-1 account. Only Demate and Trading account. No TradeSmart have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare HDFC Sky vs Sharekhan vs TradeSmarton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky vs Sharekhan vs TradeSmart. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare HDFC Sky vs Sharekhan vs TradeSmart
Trading Platform Compare HDFC Sky Sharekhan TradeSmart
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://hdfcsky.com/

https://www.sharekhan.com/

https://sine.tradesmartonline.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App HDFC Sky App Sharekhan Sine
Mobile Trading App Demo HDFC Sky App Demo Sharekhan Demo Sine Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod HDFC Sky App Download Andriod Sharekhan Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download iOS HDFC Sky App Download iOS Sharekhan Download iOS Sine Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for sharekhan Detail on Trading Platforms for trade-smart-online

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Broker Ratings by Users

Compare HDFC Sky vs Sharekhan vs TradeSmart on User Rating

  HDFC Sky Sharekhan TradeSmart
  97 Customer Reviews    Rate HDFC Sky 184 Customer Reviews    Rate Sharekhan 34 Customer Reviews    Rate TradeSmart
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews Sharekhan is Rated 3.6 / 5 based on 184 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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Investment Offerings

Compare HDFC Sky vs Sharekhan vs TradeSmart on Investment Offerings

Compare HDFC Sky vs Sharekhan vs TradeSmart on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - HDFC Sky and Sharekhan offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Sharekhan offers PMS facility where HDFC Sky and TradeSmart doesn't offers PMS facility.

Investment Offerings - Compare HDFC Sky vs Sharekhan vs TradeSmart
Investment Offerings Compare HDFC Sky Sharekhan TradeSmart
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes No No
Mutual Funds Yes Yes No
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking Yes No No
Insurance No Yes No
Forex No No No
MF SIP Investment Yes Yes No
Equity SIP Investment Yes No No
PMS Service No Yes No
Other Investment Options NIL NIL
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Customer Service Offered

Compare HDFC Sky vs Sharekhan vs TradeSmart on Customer Service

Compare HDFC Sky vs Sharekhan vs TradeSmart on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare HDFC Sky vs Sharekhan vs TradeSmart
Customer Service Compare HDFC Sky Sharekhan TradeSmart
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No Yes No
Through Branches Yes Yes No
Customer Care Number 1800 121 2109 1800227500 022 61208000
Account Opening Process Online Offline Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://hdfcsky.com/learn https://www.sharekhan.com/help/hello https://help.tradesmartonline.in/
Head Office Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042		 Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042		 Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website https://hdfcsky.com/ https://www.sharekhan.com https://tradesmartonline.in/
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Tips/Research/Reports Published

Compare HDFC Sky vs Sharekhan vs TradeSmart on Research Reports, Tips

Compare HDFC Sky vs Sharekhan vs TradeSmart on research reports and tips provided by broker.

Research Reports - Compare HDFC Sky vs Sharekhan vs TradeSmart
  HDFC Sky Sharekhan TradeSmart
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF Yes Yes No
Daily Market Report Yes Yes No
Free Tips Yes Yes No
Quarterly Result Analysis Yes Yes No
News Alerts Yes Yes No
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Demat Account

Compare HDFC Sky vs Sharekhan vs TradeSmart on Demat Account

Compare HDFC Sky vs Sharekhan vs TradeSmart on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare HDFC Sky vs Sharekhan vs TradeSmart
  HDFC Sky Sharekhan TradeSmart
DP Source CDSL CDSL CDSL
DP ID 12400 36000 30400
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹500 pa ₹300 pa
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) NIL
Statutory charges Nil Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹25
Demat ₹5 per certificate + ₹35 request charges ₹5 per certificate (Min 50 per request) ₹500 per certificate (Min ₹500 per request)
Remat ₹30 ₹50 per certificate or ₹50 for every hundred securities ₹500 per certificate (Min ₹500 per request)
Pledge Creation Nil 0.03% (Min ₹100) ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) Nil Nil
Pledge Closure Nil Nil ₹200 per script
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) Nil Nil
Pledge Invocation 0.04% of transaction value (Min ₹40) Nil ₹200 per script
Failed Instruction Charges Nil Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs Sharekhan vs TradeSmart on Special Offers and Promotion

Compare HDFC Sky vs Sharekhan vs TradeSmart on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare HDFC Sky vs Sharekhan vs TradeSmart on Special Offers and Promotion
  HDFC Sky Sharekhan TradeSmart
Likes

Want to know why to trade with HDFC Sky, here are the promising reasons;

  • Instant paperless account opening
  • Zero account opening charges and no maintenance fee for 1st year
  • Invest in equity, F&O, currencies, and commodities
  • Invest in 2000+ mutual funds from 29+ fund houses
  • Lowest brokerage fee of Rs 20/order
  • Zero commission mutual fund investment.
  • Invest in expert-recommended mutual fund schemes.
  • Global market investment in US stocks and ETFs
  • Stacks: Expert-curated basket of US Stocks and ETFs
  • Trade on HDFC Sky app or web as per your convenience
  • Place advance orders like basket orders, bracket order, cover order, and GTT order.
  • Free research reports and daily trading calls or tips.
  • Learning platform for newbies to experts
  • No minimum balance commitments
  • No hidden charges

Detail Review...
  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

Detail Review...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

Detail Review...
Dislikes
  • Delivery trading is not free while Zerodha offers free delivery trading
  • Desktop trading software is not available
  • Direct mutual funds are not offered.

Detail Review...
  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.

    • Detail Review...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

Detail Review...
Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time.
Enquire for HDFC Sky Enquire for Sharekhan Enquire for TradeSmart

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